CLSM vs SPY

Quick Verdict

SPY has a lower expense ratio. CLSM delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: CLSMMore Diversified: SPY

Side-by-Side Comparison

MetricCLSMSPYWinner
Expense Ratio0.82%0.09%
AUM$94M$789.1B
Dividend Yield0.76%1.01%
Holdings6505
YTD Return+19.93%+14.47%
1Y Return+25.78%+21.96%
3Y Return (annualized)+13.90%+21.70%
5Y Return (annualized)+3.87%+13.30%
Volatility (annualized)12.6%15.3%
Max Drawdown-27.8%-56.5%
Fund FamilyThe Cabana Group, LLCState Street Investment Management
CategoryAllocation/BalancedEquity
InceptionJul 12, 2021Jan 22, 1993

CLSM vs SPY Performance

ETC Cabana Target Leading Sector Moderate ETF (CLSM) is a ETF from The Cabana Group, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year CLSM returned +25.78% while SPY returned +21.96%. Year to date, CLSM is up 19.93% versus a gain of 14.47% for SPY.

Over three years, CLSM compounded at +13.90% per year against +21.70% for SPY; over five years the annualized figures are +3.87% and +13.30% respectively. Across the full 5-year window we track, SPY has the edge at +8.87% annualized vs +4.09%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.6% for CLSM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -27.8% for CLSM and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CLSM charges 0.82% per year while SPY charges 0.09%. On a $10,000 position that is $82 vs $9 annually, a gap of $73 per year that compounds over a long holding period. On income, CLSM currently yields 0.76% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

CLSM and SPY share 0 holdings out of 508 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, CLSM or SPY?

CLSM has an expense ratio of 0.82% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $73 per year of difference.

Which performed better, CLSM or SPY?

Over the past year CLSM returned +25.78% vs +21.96% for SPY, so CLSM leads on 1-year performance. Over the longest common window we track (5 years), CLSM annualized +4.09% vs +8.87% for SPY. Past performance does not guarantee future results.

Which is riskier, CLSM or SPY?

SPY has been the more volatile fund at 15.3% annualized versus 12.6% for CLSM. Worst drawdown: CLSM -27.8% vs SPY -56.5%.

Should I hold both CLSM and SPY?

CLSM and SPY have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CLSM and SPY?

CLSM and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.

Which pays a higher dividend, CLSM or SPY?

CLSM yields 0.76% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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